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Tag Archives: Al Redmer

CMS reverses course, will make risk adjustment payments to insurers

Maryland Insurance Commissioner Al Redmer. (File)

A federal agency has reversed its decision earlier this month to stop collecting and making risk adjustment payments to health insurers, announcing it would reinstate the payments. The Centers for Medicaid and Medicare Services had said they would top making ...

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Before reinsurance, significant premium increases sought on Md. individual market

Maryland Insurance Commissioner Al Redmer. (File)

Insurers on Maryland’s individual health exchange are proposing to raise their rates by an average of more than 30 percent, as hopes for stabilizing the market increasingly depend on the state’s application for a reinsurance program.  The increasing rates could ...

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Experts say Md.’s new reinsurance initiative a short-term fix

Maryland Insurance Commissioner Al Redmer. (File)

Gov. Larry Hogan approved one reinsurance bill adopted by the legislature and a second reinsurance bill gained final passage Thursday, but these measures likely remain short-term solutions to the state’s individual health insurance market woes. A reinsurance program will likely ...

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Md., insurers say amended rate-hike plans would have limited impact

Maryland Insurance Commissioner Al Redmer. (File)

Decisions made by the Maryland’s insurers and regulators could prevent most consumers from being significantly affected by President Donald Trump’s decision to stop paying cost-sharing reduction subsidies to insurance companies. CareFirst and Kaiser Permanente have filed amended rate requests with ...

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